Housing Assistance Act 1984
7Loans
Start here
Get a plain-English read of 7
Turn the raw legal text into a practical explanation grounded in Housing Assistance Act 1984.
7 Loans
(1) Subject to this Act, the Minister may, during a year to which this Act applies, if an agreement has been entered into between the Commonwealth and a State pursuant to this Act, authorize the making of loans to the State, by way of financial assistance, of such amounts as the Minister determines to be appropriate, for expenditure by the State in respect of that year for any purpose related to housing in respect of which money paid under this section is permitted to be expended under the agreement. (2) Loans shall be made on such terms and conditions as are specified in the agreement in relation to the loans.